Common Room (HDB) for Rent in 35 Marine Crescent

The valuation of the HDB 2 Room unit located in the prestigious Marine Parade district reflects a nuanced understanding of its current market positioning. With a remaining lease of 48 years, the estimated value stands at $57,723, equating to a price per square foot (PSF) of $444. This valuation indicates a market price that is consistent, exhibiting a 0% difference from the baseline, suggesting stability in the local HDB market despite ongoing economic fluctuations.

However, it is important to highlight that the model confidence associated with this valuation is categorized as low. This is primarily due to the limited dataset derived from only four recent HDB resale transactions in the vicinity, which may not fully capture the broader market dynamics influencing demand and supply. Given the unique characteristics of Marine Parade, including its strategic location and community amenities, potential buyers and investors should consider the implications of the remaining lease on long-term value appreciation and marketability.